RESOLVED, that
pursuant to the requirements of Resolution No. 02-0606, the Duluth
economic development authority's (DEDA) amendment to lease agreement with
Tech Village, L.L.C., to clarify the DEDA-leased space in the Tech Village
and to provide a rebate of prepaid rent in the amount of $56,868.77, said
funds to be deposited into DEDA Fund 0865, pursuant to DEDA Resolution
No. 04D-10, a copy of which is on file in the office of the city clerk
as Public Document No. _________, is hereby approved.

STATEMENT
OF PURPOSE: The purpose of this resolution is to approve the
action of the DEDA board of commissioners pursuant to its Resolution 04D-10
as is required by Resolution 02-0606. The
nature and purpose of the amendment together with the amount to be paid
to DEDA are set forth in DEDA Resolution No. 04D-10 and its statement
of purpose.